Statement
By University of California President Richard C. Atkinson

"I am proud
that UC professor George Akerlof has been awarded the 2001
Nobel Prize for economic sciences in recognition of his landmark
research on the forces that explain how markets work. This
extraordinary honor is a tribute to the originality, vigor
and excellence of his research and to the remarkable quality
of the Berkeley campus. I am delighted to extend the congratulations
of the entire UC community to our newest Nobel laureate."

Atkinson
noted that faculty and researchers affiliated with UC have
now won 44 Nobel Prizes, including 12 in the past six years.